On 26 September 2016, the Government assumed responsibility for the draft law stipulating the conversion of guarantees granted in 2014 and 2015 to NBM loans for Banca de Economii, Banca Sociala and Unibank into state…

Excerpt In the recent years, the expenditures on national defence were never a priority on the national development agenda. Since 2009, disbursements for this sector felt sharply. This trend did not change even after 2014,…

Key messages of this edition Despite internal and external constraints, in 2015 the economy fell by only 0.5%, which was close to the baselinescenario of the Expert-Grup forecast (-0.8%) for the given year. The only…

Summary This EUROMONITOR Report - First achievements and difficulties in implementing the EU-Moldova Association Agreement presents the monitoring results of the EU-Moldova Association Agreement implementation during July 2015 - December 2016. The Association for Participatory…

During the first quarter of 2015, Moldovan Court of Accounts published 14 audit reports. Our experts analysed them and highlighted the main findings in this report (available only in Romanian). One of the main findings…

Abstract Moldovan economy faced this year many challenges, which had negative repercussions on the public finances. Budgetary revenues were affected largely due to the decrease in imports, freezing the foreign assistance and the rising cost…

Moldovan economy is still in recession. For the 11th consecutive month, the Economic Leading Indicator (ELI) - an index calculated monthly by Expert-Grup and which aggregates six main macroeconomic indicators, is below 100, which indicates…

Key messages from the edition Moldovan economy continues its decline. In June 2015, the Economic Leading Indicator (ELI) - an index calculated monthly by Expert-Grup and which aggregates six main macroeconomic indicators, is down 1.6 points…

Abstract The current status-quo of the Republic of Moldova can be labeled as a country amid a general crisis, evidenced through a combination of at least five self-sustaining crises: economic, institutional, budget, banking and social…

Abstract The current adverse economic developments in Moldova, unlike previous years, are mostly determined by domestic influences rather than external ones. The banking crisis had a crucial impact in deteriorating economic situation in Moldova, even…

Abstract In recent years, the public expenditures’ framework in Moldova has recorded several positive developments. These developments were both quantitatively and qualitatively. Improvements were primarily noticed in the public debt management, thanks to technical and…

Abstract This study aims to evaluate the level of budget transparency in the Republic of Moldova. Therefore, the level of budget transparency in Moldova remains unchanged in recent years, and this lack of progress has…

Key messages from the report Agriculture plays an important role in Moldova's economy. Approximately 30.5% of country’s work force work in agriculture, while sector contribution to GDP was around 13% in 2014. Although financing for…

Key messages from the report The public pension system in Moldova is not financially nor socially sustainable. While the State Social Insurance Budget (BASS) recorded a structural deficit of around 1% of GDP and total…

Abstract In 2010-2014, Moldova’s Court of Accounts issued 46 decisions based on its audit reports aimed to evaluate the management of public funds and assets by local authorities of level I and II from over…

Summary Moldovan government paid in 2015 over 352 million MDL ($19.5 million) to the accounts of the Ministry of Culture - a 19% increase compared to last year. However, the share of culture spending in…

Key messages from the policy brief The State Budget for 2015 on the Justice and Human Right sectors continues to growth. In particular, the sum is intended for increasing wages of judges, building offices for…

Abstract The importance of the Defence sector has been often ignored by politicians and central authorities, and this approach has generated a number of major issues to the national defence. Here are some key data…

Key messages from this policy brief: The estimated budget for implementing the 2020 National Strategy for Developing the Youth Sector - 53.5 million MDL ($2.9 million); The budget of the Ministry of Youth and Sport…

Abstract Education is one of the strategic areas of development where Government will focus its attention this year. Therefore, reforms initiated in ensuring a more efficient resource management in Education will also continue in 2015.…

Excerpt from the Romanian version: The amendments that were pushed by the Government for the 2015 fiscal policy were developed under low transparency. Still, at least some of the business associations have had the opportunity…

Abstract One of the main findings of this Report is that the subsidies’ distribution is discriminatory. Inequitable allocation of financial resources occurs largely because of its poor formula, vague formulation and due violating its regulations.…

Moldovan energy sector is a mix of inefficiency, dependency on external sources and low per capita consumption. Over 96% of energy consumption comes from imports, whereas only 40% in the EU. Also, the losses from…

Abstract Currently, Moldovan citizens view police as an institution with high risk of corruption. At the same time, lack of professionalism, lack of police inventory (alcohol measuring sets, digital cameras, cars) and lack of financial…

The Open Data Readiness Asessment for the education sector in Moldova was carried out as part of the “Empowered Citizens Enhancing Accountability of the Education Reform and Quality of Education in Moldova” initiative. The project…

In the 4th quarter of 2013, 5 Reports of the Court of Accounts related to public funds management and audit were published. This report especially covers 4 of them: Audit report from the local authorities…

In the 3rd quarter of 2013, 17 Reports of the Court of Accounts related to public funds management and audit were published. This report especially covers 4 reports: Audit Reports from the National Clinical Hospitcal…